Browsing tag archives: jobless

The official unemployment number came out Friday: 9.1 percent. That’s 14 million Americans without work. Not counted are the underemployed who can’t make ends meet or the people labeled as discouraged workers, more than 200,000 unemployed people who have tried so hard and for so long to find a job that they’ve given up, at least for now. The Congressional Budget Office does not expect the unemployment rate to fall below 8 percent for two more years and says we won’t see 5 percent unemployment until 2017. Further, mass layoffs – when 50 or more workers lose their livelihoods at once – rose 3 percent in August.